Is Lewis, IA 51544 a buyer’s or seller’s market?
Lewis is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Lewis housing market right now
In the three months ending August 31, 2026, 0% of homes in Lewis, IA 51544 sold above their list price and the typical home went under contract in 52 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 103% to $229,901. Overall, Lewis is less competitive than a year ago, which gives buyers more room.
Nearby, Atlantic 50022 (13% sold over asking) and Griswold 51535 (9% sold over asking) are even more competitive.
Run the numbers for 51544
Nearby markets
Anita 50020Seller’s market $114 /sq ftAtlantic 50022Balanced $104 /sq ftGriswold 51535Seller’s market $137 /sq ftMarne 51552 — /sq ft Browse all markets →Where Lewis is
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Questions about Lewis real estate
How fast do homes sell in Lewis?
The typical home went under contract in 52 days in the latest three months.
Do homes in Lewis sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Lewis?
About 1.34% of a home’s value a year in Cass County, or roughly $5,360 on a $400,000 home.
What is the median home price in Lewis?
The median sale price was $229,901 in the three months ending August 31, 2026, about $70 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology